White Paper: Success Factors for Buying Reconditioned Test Equipment

By Mike Megown
President, DoveBid Test and Measurement Group

Today's technological advancements, equipment obsolescence, and long purchasing lead times make it difficult to define accurate equations for capital-equipment acquisitions. As a result, more and more companies are looking at buying, leasing, or renting reconditioned test and measurement equipment as a strategic way to reduce operating expenses and fortify the bottom line. For example, refurbished and recalibrated used products can cost anywhere from 20% to 60% less than buying new.

Companies opting for reconditioned equipment typically receive their products much faster. Where new test and measurement products often require an eight- to 12-week lead time, reconditioned equipment often can be received in two or three days. This kind of product availability translates into additional savings, especially in terms of avoiding the cost of waiting for equipment.

To help you achieve the greatest financial and operational benefits when buying, leasing, or renting reconditioned equipment, here are some important guidelines to follow.

Click here to download the complete paper in pdf format.

Published by EE-Evaluation Engineering. All contents © 2003 Nelson Publishing, Inc.